{
  "version": 1,
  "event_id": "evt_7240d43ce6617553",
  "url": "https://xiyu.news/events/evt_7240d43ce6617553/",
  "json": "https://xiyu.news/api/events/evt_7240d43ce6617553.json",
  "type": "governance",
  "status": "developing",
  "category": "crypto",
  "title": {
    "zh": "Abracadabra 因多次黑客攻击提议清算协议并关闭 MIM",
    "en": "Abracadabra Proposes Winding Down MIM at Four Cents on the Dollar"
  },
  "current_state": {
    "zh": "Abracadabra 已就“有序关停”协议发起治理投票，理由是一系列安全事件使其稳定币 Magic Internet Money（MIM）已“没有回到锚定价值的可行路径”。提案披露目前有 2200 万枚 MIM 未偿付，而“可动用抵押资产”仅约 90 万美元，隐含每枚 MIM 价值约 0.04 美元；截至发稿，投票约有 1 亿枚 SPELL 赞成、50 万枚反对，投票定于周三晚间结束。\n\n该投票将正式宣告一个锁仓总值曾达 60 亿美元的协议走向终结，其披露的资产缺口意味着仍持有 MIM 的用户将面临重大损失。DeFi 评论人、Trading Strategy 联合创始人 Mikko Ohtamaa 公开将此举称为“金库掠夺”，并指向此前的 DAO 资金转移。\n\n据文章称，该协议因 2024 年 1 月 650 万美元的黑客攻击，以及 2025 年 3 月和 10 月两起分别涉资 1300 万美元和 170 万美元的攻击，累计产生 2100 万美元坏账。Ohtamaa 指出，6 月 8 日和 11 日在 Curve 上出现了金库抛售 MIM 的操作，在“MIM 已经脱锚”的情况下为卖方换回约 50 万美元；随后的一个月又发生“金库提取”，逾 800 万美元被转入一个 Binance 充值地址和一个未标注地址。关停提案既未处理这些资金，也未在赎回计算中将其纳入。",
    "en": "Abracadabra has moved to wind down the protocol after repeated hacks left its Magic Internet Money stablecoin with 22 million outstanding MIM against roughly $900,000 in actionable backing, prompting accusations of 'treasury looting' over earlier governance actions."
  },
  "first_seen_at": "2026-09-30T02:19:40.260270+00:00",
  "last_updated_at": "2026-09-30T18:04:11.237715+00:00",
  "last_material_change_at": "2026-09-30T18:04:11.237715+00:00",
  "confidence": 0.75,
  "updates_count": 3,
  "sources_count": 3,
  "entities": [
    "abracadabra",
    "cents",
    "dollar",
    "down",
    "four",
    "mim",
    "proposes",
    "winding"
  ],
  "identifiers": [],
  "topics": [
    "abracadabra",
    "dao-governance",
    "defi-protocol-failure",
    "insolvency",
    "magic-internet-money",
    "mim",
    "stablecoin-depeg"
  ],
  "updates": [
    {
      "update_id": "upd_abb862acfacca743",
      "event_id": "evt_7240d43ce6617553",
      "occurred_at": "2026-09-30T02:13:52Z",
      "published_at": "2026-09-30T02:13:52Z",
      "first_seen_at": "2026-09-30T02:19:40.260270Z",
      "time_precision": "published",
      "update_type": "initial",
      "material_change": true,
      "title_zh": "Abracadabra提议以每美元四美分的价格清盘MIM",
      "title_en": "Abracadabra Proposes Winding Down MIM at Four Cents on the Dollar",
      "what_changed_zh": "Abracadabra已提议进行Snapshot投票以清算该协议，将剩余抵押品兑换为以太币并按比例支付给MIM持有者，而可回收的支持资产仅约90万美元，对应2100万美元的坏账——约为每美元四美分。",
      "what_changed_en": "Abracadabra has proposed a Snapshot vote to liquidate the protocol, swap remaining collateral into ether and pay MIM holders pro rata, with only about $900,000 of recoverable backing against $21 million in bad debt — roughly four cents on the dollar.",
      "current_state_zh": "Abracadabra已提议进行Snapshot投票以清算该协议，将剩余抵押品兑换为以太币并按比例支付给MIM持有者，而可回收的支持资产仅约90万美元，对应2100万美元的坏账——约为每美元四美分。",
      "current_state_en": "Abracadabra has proposed a Snapshot vote to liquidate the protocol, swap remaining collateral into ether and pay MIM holders pro rata, with only about $900,000 of recoverable backing against $21 million in bad debt — roughly four cents on the dollar.",
      "detailed_summary_zh": "Abracadabra has proposed a Snapshot vote to liquidate the protocol, swap remaining collateral into ether and pay MIM holders pro rata, with only about $900,000 of recoverable backing against $21 million in bad debt — roughly four cents on the dollar.",
      "detailed_summary_en": "Abracadabra has proposed a Snapshot vote to liquidate the protocol, swap remaining collateral into ether and pay MIM holders pro rata, with only about $900,000 of recoverable backing against $21 million in bad debt — roughly four cents on the dollar.",
      "background_zh": "",
      "background_en": "",
      "community_discussion_zh": "",
      "community_discussion_en": "",
      "market_impact_zh": "",
      "market_impact_en": "",
      "importance_score": 7.5,
      "references": [],
      "confidence": 0.75,
      "story_ids": [
        "rss:thedefiant.io_api_feed:adeea24297c59518"
      ],
      "sources": [
        {
          "url": "https://thedefiant.io/news/defi/abracadabra-proposes-winding-down-mim-at-four-cents-on-the-dollar",
          "label": "The Defiant",
          "source_type": "rss",
          "official": false
        }
      ]
    },
    {
      "update_id": "upd_689e9d2b81440075",
      "event_id": "evt_7240d43ce6617553",
      "occurred_at": "2026-09-30T02:32:43Z",
      "published_at": "2026-09-30T02:32:43Z",
      "first_seen_at": "2026-09-30T10:38:05.142841Z",
      "time_precision": "published",
      "update_type": "escalation",
      "material_change": true,
      "title_zh": "【Abracadabra 发起关停协议并清算 MIM 的提案投票，协议坏账约 2100 万美元】",
      "title_en": "【Abracadabra 发起关停协议并清算 MIM 的提案投票，协议坏账约 2100 万美元】",
      "what_changed_zh": "Snapshot 投票已开启：投票于 2026-09-29 05:24 UTC 开始、2026-09-30 17:24 UTC 结束；已有两地址投票，一地址质押约 1 亿 SPELL 赞成，另一地址质押约 52.3 万 SPELL 反对；提案还称 SPELL 价值清零，MIM 债务优先级高于 SPELL。",
      "what_changed_en": "The Snapshot vote is now open: it began 2026-09-29 05:24 UTC and ends 2026-09-30 17:24 UTC; two addresses have voted, one staking ~100M SPELL in favor and one staking ~523K SPELL against; the proposal also declares SPELL valueless and subordinate to MIM debt.",
      "current_state_zh": "Abracadabra 关停协议并清算 MIM 的 Snapshot 投票已开启，投票期为 2026-09-29 05:24 UTC 至 2026-09-30 17:24 UTC；已有赞成与反对票，提案称约 2100 万美元坏账、约 90 万美元可执行担保、MIM 有效支持低于 0.04 美元，并称 SPELL 价值清零。",
      "current_state_en": "The Abracadabra Snapshot vote to shut down the protocol and liquidate MIM is open from 2026-09-29 05:24 UTC to 2026-09-30 17:24 UTC; votes for and against have been cast; the proposal cites ~$21M bad debt, ~$900K executable collateral, sub-$0.04 effective MIM backing, and declares SPELL valueless.",
      "detailed_summary_zh": "Abracadabra has opened a Snapshot vote to shut down the protocol and liquidate MIM, disclosing about $21M in bad debt, only ~$900K in executable collateral and sub-$0.04 effective backing for the stablecoin, with SPELL declared valueless.",
      "detailed_summary_en": "Abracadabra has opened a Snapshot vote to shut down the protocol and liquidate MIM, disclosing about $21M in bad debt, only ~$900K in executable collateral and sub-$0.04 effective backing for the stablecoin, with SPELL declared valueless.",
      "background_zh": "",
      "background_en": "",
      "community_discussion_zh": "",
      "community_discussion_en": "",
      "market_impact_zh": "",
      "market_impact_en": "",
      "importance_score": 8.0,
      "references": [],
      "confidence": 0.95,
      "story_ids": [
        "telegram:foresightnews:119450"
      ],
      "sources": [
        {
          "url": "https://foresightnews.pro/news/h5Detail/114289",
          "label": "foresightnews",
          "source_type": "telegram",
          "official": false
        }
      ]
    },
    {
      "update_id": "upd_9096836acf76b261",
      "event_id": "evt_7240d43ce6617553",
      "occurred_at": "2026-09-30T16:47:53Z",
      "published_at": "2026-09-30T16:47:53Z",
      "first_seen_at": "2026-09-30T18:04:11.237715Z",
      "time_precision": "published",
      "update_type": "escalation",
      "material_change": true,
      "title_zh": "Abracadabra 将关停归咎于多次黑客攻击，同时面临“金库掠夺”指控",
      "title_en": "Abracadabra blames hacks for shutdown amid ‘looting’ claims",
      "what_changed_zh": "Abracadabra 已就“有序关停”协议发起治理投票，理由是一系列安全事件使其稳定币 Magic Internet Money（MIM）已“没有回到锚定价值的可行路径”。提案披露目前有 2200 万枚 MIM 未偿付，而“可动用抵押资产”仅约 90 万美元，隐含每枚 MIM 价值约 0.04 美元；截至发稿，投票约有 1 亿枚 SPELL 赞成、50 万枚反对，投票定于周三晚间结束。\n\n该投票将正式宣告一个锁仓总值曾达 60 亿美元的协议走向终结，其披露的资产缺口意味着仍持有 MIM 的用户将面临重大损失。DeFi 评论人、Trading Strategy 联合创始人 Mikko Ohtamaa 公开将此举称为“金库掠夺”，并指向此前的 DAO 资金转移。\n\n据文章称，该协议因 2024 年 1 月 650 万美元的黑客攻击，以及 2025 年 3 月和 10 月两起分别涉资 1300 万美元和 170 万美元的攻击，累计产生 2100 万美元坏账。Ohtamaa 指出，6 月 8 日和 11 日在 Curve 上出现了金库抛售 MIM 的操作，在“MIM 已经脱锚”的情况下为卖方换回约 50 万美元；随后的一个月又发生“金库提取”，逾 800 万美元被转入一个 Binance 充值地址和一个未标注地址。关停提案既未处理这些资金，也未在赎回计算中将其纳入。",
      "what_changed_en": "Abracadabra has moved to wind down the protocol after repeated hacks left its Magic Internet Money stablecoin with 22 million outstanding MIM against roughly $900,000 in actionable backing, prompting accusations of 'treasury looting' over earlier governance actions.",
      "current_state_zh": "Abracadabra 已就“有序关停”协议发起治理投票，理由是一系列安全事件使其稳定币 Magic Internet Money（MIM）已“没有回到锚定价值的可行路径”。提案披露目前有 2200 万枚 MIM 未偿付，而“可动用抵押资产”仅约 90 万美元，隐含每枚 MIM 价值约 0.04 美元；截至发稿，投票约有 1 亿枚 SPELL 赞成、50 万枚反对，投票定于周三晚间结束。\n\n该投票将正式宣告一个锁仓总值曾达 60 亿美元的协议走向终结，其披露的资产缺口意味着仍持有 MIM 的用户将面临重大损失。DeFi 评论人、Trading Strategy 联合创始人 Mikko Ohtamaa 公开将此举称为“金库掠夺”，并指向此前的 DAO 资金转移。\n\n据文章称，该协议因 2024 年 1 月 650 万美元的黑客攻击，以及 2025 年 3 月和 10 月两起分别涉资 1300 万美元和 170 万美元的攻击，累计产生 2100 万美元坏账。Ohtamaa 指出，6 月 8 日和 11 日在 Curve 上出现了金库抛售 MIM 的操作，在“MIM 已经脱锚”的情况下为卖方换回约 50 万美元；随后的一个月又发生“金库提取”，逾 800 万美元被转入一个 Binance 充值地址和一个未标注地址。关停提案既未处理这些资金，也未在赎回计算中将其纳入。",
      "current_state_en": "Abracadabra has moved to wind down the protocol after repeated hacks left its Magic Internet Money stablecoin with 22 million outstanding MIM against roughly $900,000 in actionable backing, prompting accusations of 'treasury looting' over earlier governance actions.",
      "detailed_summary_zh": "Abracadabra has moved to wind down the protocol after repeated hacks left its Magic Internet Money stablecoin with 22 million outstanding MIM against roughly $900,000 in actionable backing, prompting accusations of 'treasury looting' over earlier governance actions.",
      "detailed_summary_en": "Abracadabra has moved to wind down the protocol after repeated hacks left its Magic Internet Money stablecoin with 22 million outstanding MIM against roughly $900,000 in actionable backing, prompting accusations of 'treasury looting' over earlier governance actions.",
      "background_zh": "Abracadabra 于 2021 年上线，是一个以生息代币为抵押铸造 MIM 的借贷协议。2022 年，与 Abracadabra 有关联的 0xSifu 被揭露为长期诈骗者、QuadrigaCX 联合创始人，重创了项目声誉；同年，其与 UST 挂钩的 DegenBox 循环杠杆产品导致约 10 亿美元锁仓价值蒸发。MIM 自 6 月起便处于脱锚状态，当时 DAO 批准将由“Anubis 领导”的团队对资产进行“战略过渡与管理”。该提案仅有两票、合计逾 50 亿枚 SPELL 便获通过，无人反对。7 月初，项目 X 账号曾承诺发布恢复 MIM 锚定、改善协议健康状况的路线图，此后未再发帖。",
      "background_en": "Abracadabra launched in 2021 as a lending protocol that mints MIM against interest-bearing tokens. Its reputation was hit in 2022 when Abracadabra-linked 0xSifu was unmasked as a longtime fraudster and co-founder of QuadrigaCX, and the same year its DegenBox looping product tied to UST wiped out roughly $1 billion of its TVL. MIM has been depegged since June, when the DAO approved a “strategic transition and stewardship” of assets to a group “led by Anubis”; that proposal passed with just two votes totalling over 5 billion SPELL and no opposition. In early July the project’s X account promised a roadmap to restore the MIM peg but has not posted since.",
      "community_discussion_zh": "",
      "community_discussion_en": "",
      "market_impact_zh": "风险敞口集中在仍持有 MIM 的用户以及 MIM 交易的 Curve 资金池上，赎回经济性由约 90 万美元可动用抵押资产决定，而非 2200 万枚未偿付 MIM；SPELL 持有者则需面对 DAO 关停流程。这一事件对抵押型稳定币和 DAO 金库设计构成治理与托管风险信号，但协议规模相较其 60 亿美元峰值已大幅缩水，限制了更广泛传染渠道。",
      "market_impact_en": "The exposure is concentrated in remaining MIM holders and the Curve pools where MIM trades, with redemption economics set by the ~$900,000 of actionable backing rather than the 22 million outstanding MIM; SPELL holders face the DAO wind-down process. The episode is a governance- and custody-risk signal for collateralised stablecoin and DAO-treasury designs, though the protocol’s shrunken size relative to its $6 billion peak limits any broader contagion channel.",
      "importance_score": 8.0,
      "references": [
        {
          "url": "https://protos.com/abracadabra-blames-hacks-for-shutdown-amid-looting-claims/",
          "title": "Abracadabra blames hacks for shutdown amid ‘looting’ claims"
        },
        {
          "url": "https://defillama.com/protocol/abracadabra",
          "title": "Abracadabra TVL, Fees & Revenue - DefiLlama"
        },
        {
          "url": "https://coinmarketcap.com/currencies/magic-internet-money/",
          "title": "Magic Internet Money price today, MIM to USD live price ...Magic Internet Money price today, MIM to USD live price ...Magic Internet Money Price Prediction, News, and Analysis (MIM)The Magic Internet Money (MIM) Stablecoin | Geminiabracadabra.moneyWhat is Magic Internet Money (MIM) Crypto Coin? DeFi ...Magic Internet Money (Ethereum) Price: MIM/USD Live Price ..."
        }
      ],
      "confidence": 0.75,
      "story_ids": [
        "rss:protos.com_feed_:bc9e1e1feb14e052"
      ],
      "sources": [
        {
          "url": "https://protos.com/abracadabra-blames-hacks-for-shutdown-amid-looting-claims/",
          "label": "Protos",
          "source_type": "rss",
          "official": false
        }
      ]
    }
  ]
}